🚀 $SAFE | 1H Chart Breakdown
SAFE just printed a classic impulse → consolidation structure 👇
📈 Price Action
Explosive move from ~0.143 → 0.198
Currently consolidating around 0.174–0.175
This is sideways digestion after expansion, not a breakdown
📊 Trend & Moving Averages
Price holding above MA(7), MA(25), MA(99)
MA(25) rising underneath price → trend support intact
Market transitioning from impulse into base-building
🔊 Volume
Huge volume spike on the breakout
Volume fading during consolidation = healthy reset
🎯 Key Levels
Resistance: 0.185 → 0.198
Support: 0.170 / 0.165
Structure invalidation below 0.160
🧠 Bias As long as SAFE holds above 0.170, this favors continuation after consolidation.
Patience here often pays more than chasing the first candle.
⚠️ Volatility remains elevated — manage risk and let structure confirm.
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